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20121212
20121212
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the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some business owners are expecting better sales and improving credit conditions in the new year. if you've had a positive experience at a jp morgan bank of late, you're not alone. the nation's largest bank by assets has jumped to first place in the american customer satisfaction index, edging out perennial favorite wells fargo. the survey interviews 70,000 customers each year on their satisfaction levels with checking, savings and personal loan accounts. bank reputations have taken a hit recently in the wake of bailouts and higher fees assessed to customers. three men have been arrested in the u.k. in connection with libor manipulation. they are the first arrests made in connection to the rate-rigging scandal, which began in july. barclays admitted to controlling the benchmark interest rate and was forced to pay $453 million in a settlement. the men remain unidentified. other big banks including ubs, jp morgan, citigroup and hsbc are s
joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a budget. i think -- balanced budget. i think this speaks to how bad the situation is in the federal government when both parties don'tage knowledge that. as for -- don't acknowledge that. as for what's going on, just downstairs from me, speaker boehner started throwing cold water on any report that the talks were moving ahead. yes, there have been an exchange of offers. he said the last couple of days, but he said his phone call last night was a frank discussion about just how far apart they are. with 19 days left until the deadline or nine days until the end of the world, if you are look at the mine cardinal, nobody knows which way -- calendar, nobody knows which way we are headed. >> isn't this part of the we're so far apart publicly. but suddenly, they will announce mi
. it expires december 31st unless washington extends it again. it will allow homeowners to not pay a federal tax. >> according to realty track, short sales were up 33% ending september 30th over the same period a year ago. >>> some good news for crab fishermen. their dispute is now over. rob roth tells us what they finally agreed on that lets them take their boats out to sea. rob. >> reporter: well frank, here at fisherman's wharf, fishermen are working in the dark getting their boats ready, they are going back to work. crab fishermen are getting ready, many are loading squid on to their boats to use as crab bait. some told us they expect to head out after midnight. >> i'm happy that we're going out to make some money finally. >> reporter: crab fishermen in san francisco stopped fishing last week when wholesalers said they were dropping the price. but today the wholesalers agreed to the $3 price and crab fishing is back on. >> it's all about the price. we can't fish for less than $3 a pound on this crab. and they got enough orders to put us back to work so we're going to go back to work. >>
was up 35. investors responded to positive reports from washington, d.c. on the fiscal cliff. the solar panel installation company solar city postponed it's plans to go public late today. the san mateo company had planned to offer its initial offerings tomorrow on the nasdaq. no reason was given for the postponement but it came after the owner bought $15 million woát of -- $15 million worth of shares possibly to try to boost values. >>> delta used to have three daily nighs now -- daily nights now it has nine. >>> more than 46,000 people signed the petition calling for the school system to scrap the logo. even lieutenant governor newsom agreed. as part of the board of regents i agree with petition, new logo is a disaster. sign the petition. >>> a bit of holiday cheer spread at the uc berkeley campus with word that a scholarship is being set up for low income undocumented students. the university says the scholarship will help nearly 200 undocumented students from 20 different countries. >> what it tells our students is if you work hard and you get into uc berkeley now you have support
Search Results 0 to 3 of about 4